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October 8, 2015

BMR Morning Market Musings…

Gold has traded between 1,136 and $1,147 so far today…as of 9:00 am Pacific, bullion is down $1 an ounce at $1,145…Silver has retreated 36 cents to $15.69…Copper is off slightly at $2.33…Crude Oil is up more than $1 a barrel to $48.82 while the U.S. Dollar Index has declined one-quarter of a point to 95.30

Capital Economics, a U.K.-based research firm, is quite bullish on Gold’s prospects going into year-end and throughout 2016Gold should benefit further from a recovery in other commodity prices – notably Copper and Oil, consistent with a revival in demand from emerging markets and a pick-up in inflation expectations,” according to Julian Jessop, head of commodities research for Capital Economics, in a report issued today.  “A major headwind for the yellow metal has been concerns about a sharp slowdown in China, which would undermine Gold demand.  However, we expect the news from China to improve in the coming months, lifting the prices of both Copper and Gold.  Another factor weighing on Gold has been the lack of demand for inflation hedges.  Correspondingly, if we are also right that Oil prices are set for a gradual recovery, Gold should benefit too.  Overall, we remain very comfortable with our relatively upbeat view on the medium-term prospects for the Gold price, reflected in our end-2015 and end-2016 forecasts of $1,200 and $1,400.” 

Russia On The March In Syria

Oil and Gold should both benefit from Vladimir Putin’s new global adventures, this time in the Middle East…Russian warships in the Caspian Sea fired cruise missiles yesterday as Syrian government troops launched a ground offensive in central Syria in the first major combined air-and-ground assault since Moscow began its military campaign in the country last week…NATO’s secretary general said yesterday that Russian ground troops are among Moscow’s “substantial” build-up of forces in Syria…

Meanwhile, U.S. lawmakers have begun investigating possible intelligence lapses related to Russia’s ongoing military action in Syria, it was reported early today, as NATO defense ministers held a crisis meeting in Brussels…Reuters, citing congressional officials and other official sources, reported that the House and Senate intelligence committees were looking at whether the intelligence community misjudged or overlooked signs of Moscow’s action, which began in earnest September 30 with airstrikes supporting Syrian government forces…the officials told Reuters that intelligence analysts were specifically caught off guard at the speed and aggression of Russia’s use of air power, as well as the Moscow’s targeting of Western-backed rebel groups as opposed to ISIS

In today’s Morning Musings

1.  Venture poised for a breakout – updated chart…

2.  What the CRB Index is telling us about commodities right now…

3.  A bullish view on Nickel…

4.  A Gold-Lithium play on the verge of a breakout…

5.  Producer enjoys a stellar Q3, bright outlook for 2016

6.  Drill result of the day…

Plus more…to view the rest of today’s Morning Musings, login with your username and password, or click here to gain full access to this and other exclusive BMR content and features…

75 Comments

  1. EQT bid support is strong……lid will blow off soon…..just need the PP to close!

    Comment by DDD4 — October 8, 2015 @ 8:13 am

  2. Yes DDD4 – but its been like this everyday. Big bids show up for a while and then drop off. Lets hope shorty covers soon. That would be nice.

    Comment by dave — October 8, 2015 @ 9:12 am

  3. EQT .195. Very nice. Bids staying out so far today. Looking very nice.
    GGI a few sellers now? Wonder why. Thoughts?
    DVN getting some volume again today. .15 might be a great buy!
    MSD. What a beauty

    Comment by BigRig — October 8, 2015 @ 9:23 am

  4. Lets see if Mr. Shorty covers some today on EQT.

    GGI – I have preached this many times. NEVER go by level 2, it changes throughout the day and many times it is being manipulated. ALWAYS go by the chart and TA. The RSI touched above 70 on no news YET, so there is some profit taking. BUT, good support at .10

    Comment by dave — October 8, 2015 @ 9:34 am

  5. I was wondering the same BigRig with regards to GGI.

    Comment by tony T — October 8, 2015 @ 9:38 am

  6. we are hardly getting any ‘free’ information anymore???? Jon?

    Comment by STEVEN1 — October 8, 2015 @ 10:00 am

  7. Time to subscribe, Steven1…especially with the way things are really going to heat up on different fronts…check the Subscribe Now page for details…you can start for as little as 4 ounces of Silver…if you liked the free information before, you’ll like the subscriber information even better…

    Comment by Jon - BMR — October 8, 2015 @ 10:06 am

  8. 4 ounces of silver, Jon your killing me. Time to go prospecting.

    TonyT – just some profit taking on GGI, maybe from some that scooped all those .05 up. Normal and healthy.

    Comment by dave — October 8, 2015 @ 10:16 am

  9. Fed concerned about global growth, and that was before the latest weak payroll data…dollar getting clobbered as the greenback longs are starting to realize they’ve been duped into thinking there’s going to be a rate hike anytime soon…..not ’till next year (maybe)….

    Venture breakout is a sure thing.

    Comment by Jon - BMR — October 8, 2015 @ 10:24 am

  10. So is the Canadian currency – whew, in the U.S. that means a lot. If the canadian money goes higher, I make money even if the share price stays the same. Atlanta, Ga. is a very cheap place to live, but more money is always good.

    Good news Jon.

    Comment by dave — October 8, 2015 @ 10:28 am

  11. I expected gold to be up on that news

    Comment by Sameer — October 8, 2015 @ 11:14 am

  12. EQT. Holding up today. Who will blink? The shorter?

    Comment by Dan — October 8, 2015 @ 11:18 am

  13. Will where she close? The 2nd Tranche will probably close by end of week. Then things should get real interesting as the drill continues to turn St the Garland property.

    Comment by Dan — October 8, 2015 @ 11:22 am

  14. Really like the way GGI is trading!!

    Comment by Martin — October 8, 2015 @ 11:24 am

  15. And hope for news this evening, lets see how it close 🙂

    Comment by Martin — October 8, 2015 @ 11:30 am

  16. Nope, he is not blinking today. It would have started by 3pm. Maybe tomorrow.

    Comment by dave — October 8, 2015 @ 11:36 am

  17. Just as I typed the last post. The bigger bids at .19 are wiped away. He is toying back and forth with the asks and the bids trying to intice the selling then the buying. Too funny. He probably has no idea we are onto him.

    Comment by dave — October 8, 2015 @ 11:39 am

  18. I’m wondering if he is going to paint a .19 close at the last seconds. Lets see what happens.

    Comment by dave — October 8, 2015 @ 11:40 am

  19. New video on their site!

    Comment by Martin — October 8, 2015 @ 11:58 am

  20. Yes, Martin..the video is called “The Power of Grizzly”. LQQK for a press release on start of drilling perhaps tonight ;-)!!

    Comment by Jeff — October 8, 2015 @ 12:14 pm

  21. Yes, I think drilling news gets GGI to the next level.

    Comment by dave — October 8, 2015 @ 1:12 pm

  22. Dave, the way the market is looking right now, I have this feeling that a company somewhere in Canada is going to drill into something big. Where that will be, can’t say for sure but my senses are telling me that…often that’s what we see at the bottom of a market, and Aug. 24 is looking more than ever like a bottom…

    Comment by Jon - BMR — October 8, 2015 @ 1:28 pm

  23. Jon, yes either (or both) EQT or GGI will soon be making big news on their drilling results. Don’t forget DBV and the *real sleeper* will be WRR that will start drilling most likely next week.

    Comment by Jeff — October 8, 2015 @ 1:51 pm

  24. Yes, there are several possibilities, Jeff….I have confidence WRR will drill into some nice grade—-they just need to start drilling….

    Comment by Jon - BMR — October 8, 2015 @ 2:09 pm

  25. Wall Street has been waiting all year for the Fed to pull the trigger on rates, but trading in fed funds futures indicates that’s not going to happen anytime soon, no matter what the data say. Trading implies just a 5 percent chance for a hike in October, 38 percent in November and 47 percent in January. It’s not until March 2016 that the market sees a better than even chance, with a 59 percent probability.

    Comment by ConcernedCitizen — October 8, 2015 @ 2:32 pm

  26. The only concern I have Jon with the GGI released video today is it says crews are on the ground pin pointing targets. They are still pin pointing? If they were preparing to drill this week, you would think the video would have stated that, or wait until they were drilling and then release the video after a NR. Thoughts?

    Comment by Dan — October 8, 2015 @ 2:51 pm

  27. I have confidence WRR will drill into some nice grade—-they just need to start drilling….
    Jon …. really??? we all need and want confidence and positivity…. I urge you to be less speculative:)
    Just sayin….

    Comment by Patricia — October 8, 2015 @ 3:13 pm

  28. Anyone have any ideas as to when the second tranche will close for EQT? It seems that after that part of the PP is closed, the dam will break and the SP will shoot upwards- ie the shorts, the (hopefully) better than XRF analyser, the drills, etc

    Comment by johnz — October 8, 2015 @ 3:21 pm

  29. 1 out of 1XXX explorers finds an economical deposit. They all market their companies like they are going to be one of the lucky few so DD is vital!

    I have a feeling that out of DBV, GGI and EQT there will be more than one deposit.

    I honestly believe that DBV will be one of them……it makes up most of my portfolio. I have been on record saying this for a long time on BMR and those that have been here for a while know……

    GGI has very high potential and I would be surprised if it didn’t turn out to be a viable deposit.

    EQT is a lottery ticket. If you win it will be huge. They have the right team and the indicators point to another Voisey type deposit. In my opinion, everyone should have some exposure to it just in case! I have been playing juniors since 1997 and have never seen a junior line all its ducks in a row like EQT has. If the hit just a bit I expect it to go wild because of the team behind it and how they have mastered the technique of speculation/anticipation. There was a staking rush for all surrounding property for a reason! EQT added more land after doing the VTEM, etc for a very good reason!

    I believe DBV, GGI and EQT should be in everyone’s portfolio (assuming one can accept the risks and can stomach the volatility) Yes, its risky but well worth it due to the possible return being life changing.

    Once again, I’m sure that the SVMC (Sheslay Valley Millionaires Club) will be stood up in 2016…….hopefully we will have plenty of members.

    It has been a painful frustrating period for BMR followers due to the market condition and events at Sheslay but our patience will soon pay off in a big way imo. Don’t miss out on it……

    Comment by Ddd4 — October 8, 2015 @ 3:26 pm

  30. I agree Jon. Rock and Roll time.

    Comment by dave — October 8, 2015 @ 4:25 pm

  31. Not sure we have learn a lot with today video, some flashing star at Hat east and grizzly north east extending to the east (discovery target).

    Comment by Martin — October 8, 2015 @ 4:59 pm

  32. Sorry should read “grizzly north central extending to the east (discovery target)”.

    Comment by Martin — October 8, 2015 @ 5:00 pm

  33. Notice how they Flash Teck Resources, these are not drill target but a eventual partner?

    Comment by Martin — October 8, 2015 @ 5:09 pm

  34. One disappointing thing, I tought they would have done precise mag survey on grizzly central and to the south. But still show the 2007 survey, isn’t essential to set exact drill target in overburden deposit situation, weird, Jon any toughts?

    Comment by Martin — October 8, 2015 @ 5:26 pm

  35. D4, just for fun, what is your target market cap somewhere in 2016 for DBV. I figure there will be a starter pit in that 4km trend.

    Comment by Martin — October 8, 2015 @ 5:39 pm

  36. Martin, who says they haven’t? I suspect they’ve done an awful lot of work on different fronts over the past few weeks and are crunching their data. So all those pretty pictures and interesting facts should come soon enough. I look at MarketSmart’s video as Regoci’s “teaser”, something to wet the appetite and “set the scene” before he brings down the hammer. You don’t drill a hole in this district without looking at IP, so I’d be shocked if they haven’t done IP and have their first target prioritized, and more being lined up.

    Comment by Jon - BMR — October 8, 2015 @ 7:22 pm

  37. (Reuters) – A deluge of data from China in coming weeks is likely to point to further weakness in the world’s second-largest economy, reinforcing expectations that Beijing will roll out more stimulus measures to ward off a sharper slowdown.

    In what could be the lone bright spot in the data, banks likely made 885.5 billion yuan ($139.57 billion)in new loans in September, up sharply from 809.6 billion yuan in August, as loan demand improves due to quickening government approval of infrastructure projects.

    Comment by ConcernedCitizen — October 9, 2015 @ 3:43 am

  38. This is what we needed, a U.S. Buck drop and gold
    Nicely headed up, by the end of this month, eqt, ggi, dbv, will take centre stage in the markets, nice to see the v regaining a heartbeat.

    Comment by Tombc — October 9, 2015 @ 4:30 am

  39. The dollar is in trouble and that’s great news for the Venture and commodities, Tombc…finally a confirmed breakout on the Venture after several difficult months…

    Comment by Jon - BMR — October 9, 2015 @ 4:33 am

  40. Jon…. several??? man it has been a painful 3 years…. everyones portfolios I’m sure have been annihilated … I know mine has… noone ever thought it would go this long and this deep
    it is said that the harder it falls the faster and higher it goes…
    do you guys subscribe to that mindset??? TIA

    Comment by Patricia — October 9, 2015 @ 4:55 am

  41. This is true, Patricia…the Venture pattern in recent months is very similar to what was seen in 2002 and 2008…a fresh bull market started within 3-5 months of those 2 horrible July’s in 2002 and 2008…we certainly could be at a major turning point…August 24 and last Friday (with the jobs report) were key days IMHO, and now the greenback is in trouble…ideal scenario for a potentially big Venture move over the next 6 months…a new discovery somewhere will really ignite the fire…

    Comment by Jon - BMR — October 9, 2015 @ 5:07 am

  42. Garibaldi mobilizes for drilling at Grizzly Central

    09:45 EDT Friday, October 09, 2015

    Comment by Ddd4 — October 9, 2015 @ 5:52 am

  43. GGI NEWS OUT:
    Garibaldi mobilizes for drilling at Grizzly Central
    Canada NewsWire

    VANCOUVER, Oct. 9, 2015

    TSXV: GGI
    OTC: GGIFF
    Frankfurt: RQM

    VANCOUVER, Oct. 9, 2015 /CNW/ – Garibaldi Resources Corp. (TSX.V: GGI) (the “Company” or “Garibaldi”) is pleased to report that crews are mobilizing for first-ever drilling, expected to commence next week, at the Company’s 100%-owned Grizzly Project in the prolific Sheslay District of northwest British Columbia.

    The first holes will focus on one of a series of high-value target areas identified along the far western side of Grizzly Central, a very prospective broader package of targets that features numerous coincident geophysical and geochemical anomalies extending at least 5 km north-south and 5 km east-west. Grizzly Central itself is one of seven major regional exploration areas on the nearly 300 sq. km Grizzly.

    Steve Regoci, Garibaldi President and CEO, commented: “The objective of this initial drilling is to outline another new Cu-Au porphyry system along the Sheslay corridor which, significantly, would mean a discovery on each of the first three properties drilled in this emerging mining camp.

    “Garibaldi controls more than half of the Sheslay mineralized corridor which stretches for at least 30 km NW-SE. The scale of mineralization demonstrated at this under-explored district on trend from the Red Chris mine makes it one of Canada’s premier greenfield projects as stated by the Association for Mineral Exploration British Columbia,” Regoci continued.

    “Doubleview Capital’s important grassroots discovery of a gold-rich copper porphyry deposit 10 km east of our initial drill target sparked a major district staking rush in 2014. We strongly believe in the potential of this entire corridor to produce fresh discoveries and generate renewed excitement for the junior exploration sector.”

    Grizzly Video

    To view a short Garibaldi video on the Grizzly Project and the Sheslay corridor, please visit the Company’s homepage at GaribaldiResources.com.

    Alternatively, visit the following URL:

    garibaldiresources.com/s/Media.asp#Grizzly

    Cautionary Statement

    While Garibaldi is very encouraged by the exploration results to date at the Grizzly, the Company wishes to emphasize that there is no certainty it will identify a deposit or resource on the property. In addition, other porphyry deposits in the Sheslay district may not be indicative of the mineralization that may be found on the Grizzly.

    Qualified Person

    Mr. Charles Grieg, M.Sc. P. Geo., a consultant for the Company’s Grizzly Project and a Qualified Person as defined by NI-43-01 regulations, has reviewed this news release and approved the contents thereof.

    About Garibaldi

    Garibaldi Resources Corp. is an active Canadian-based junior exploration company focused on creating shareholder value through discoveries and strategic development of its assets in some of the most prolific mining regions in Mexico and British Columbia.

    We seek safe harbor.

    GARIBALDI RESOURCES CORP.

    Per: “Steve Regoci”

    Steve Regoci, President

    Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or the accuracy of this release.

    SOURCE Garibaldi Resources Corp.

    image: rt.newswire.ca/rt.gif?NewsItemId=C2213&Transmission_Id=201510090945CANADANWCANADAPR_C2213&DateId=20151009

    GARIBALDI RESOURCES CORP.,1150 – 409 Granville Street, Vancouver, BC, V6C 1T2, Telephone: (604) 488-8851, Website: GaribaldiResources.com
    Copyright CNW Group 2015

    Canada Newswire
    October 9, 2015 – 9:45 AM EDT

    Read more at stockhouse.com/news/press-releases/2015/10/09/garibaldi-mobilizes-for-drilling-at-grizzly-central#1mcDRh2Ag4JpkT40.99

    Comment by FrankNS — October 9, 2015 @ 5:54 am

  44. Get ready for a show, and a new discovery IMHO. This is great for the entire district, and the market.

    Comment by Jon - BMR — October 9, 2015 @ 5:55 am

  45. My favorite part of the PR….it says it all…..

    “Doubleview Capital’s important grassroots discovery of a gold-rich copper porphyry deposit 10 km east of our initial drill target sparked a major district staking rush in 2014. We strongly believe in the potential of this entire corridor to produce fresh discoveries and generate renewed excitement for the junior exploration sector.”

    Comment by Ddd4 — October 9, 2015 @ 5:56 am

  46. TSX-V recovering, USD finally heading where it show go and gold going where it should go……..just need a discovery and the market for juniors will heat up again with good old SPECULATION which drives this whole market! A discovery leads to SPECULATION of finding another one!

    Comment by Ddd4 — October 9, 2015 @ 5:59 am

  47. Yes, a strong endorsement of the Hat as well. I believe GGI is very confident Doubleview will be back on the Hat shortly. The district may light up like a Christmas tree.

    Comment by Jon - BMR — October 9, 2015 @ 5:59 am

  48. Would be nice to have a big bright Christmas tree early this year!

    Comment by FrankNS — October 9, 2015 @ 6:01 am

  49. Far western side of Grizzly Central…interesting choice for first drill target…fault-bounded and right on trend with the heat engine to the west at Kaketsa…classic district target for a hit…

    Comment by Jon - BMR — October 9, 2015 @ 6:04 am

  50. Excellent press release!!! But I question the timing, on a Friday, before a long weekend in Canada eh?

    Comment by Jeff — October 9, 2015 @ 6:58 am

  51. Thx for the input Jon … GGI news was overdue and welcomed… a move up for the next ‘few’ months would provide some welcome respite!!

    Comment by Patricia — October 9, 2015 @ 7:08 am

  52. This GGI news release is great for all in the Sheslay district and I can hardly wait for DBV to announce their restart of drilling . Both will have ample time to log more holes before Christmas break. With the CDNX now entering a stronger period it will help GGI and DBV gain back their lost value.

    Comment by Les — October 9, 2015 @ 7:11 am

  53. Jeff I kind of agree, just wait till next week when drilling actually starts then put out the NR but whatever lol

    Comment by Sameer — October 9, 2015 @ 7:31 am

  54. Jeff, I suppose Regoci wanted to make it a happy Thanksgiving for GGI shareholders in Canada…smart move, actually, to put this out ahead of a long weekend as GGI will be a topic of conversation over Thanksgiving, I’m sure, among families and friends…also gives the news a few days to circulate…that’s what smart Venture companies do…Regoci is building this up nicely…as an ex-broker he understands how the markets operate, and I believe you’ll see another wave up and some serious new momentum come into this next week…

    Comment by Jon - BMR — October 9, 2015 @ 7:32 am

  55. Jon, thank you, as you made some good points!! Happy Turkey Day to all!!

    Comment by Jeff — October 9, 2015 @ 7:36 am

  56. Next its DBV turn to start drilling…….another few weeks….patience will be rewarded.

    Comment by DDD4 — October 9, 2015 @ 7:39 am

  57. Patience will be rewarded on DBV, for sure, DDD4…I see it firming up again very soon…it will be a dramatic moment when they are back on the Hat…don’t forget, the blockade occurred during a 1 km step-out from hole 23…this whole area has the potential to command the attention of investors all over the place very quickly…

    Comment by Jon - BMR — October 9, 2015 @ 7:41 am

  58. Martin- my expectation for DBV in 2016 is a buyout with a mkt cap of $400 million if market conditions are favourable…….could be a little less but could also be higher if mkt heats up and gold goes to where it belongs! Regardless, I believe shareholders will be heavily rewarded. Another few weeks and the good times resume again without any interruption until buyout imo…..

    Comment by DDD4 — October 9, 2015 @ 7:46 am

  59. EQT knocking at resistance again…….when it breaks it will be like a hot knife through butter……PP could close today….lets hope so!

    Comment by Ddd4 — October 9, 2015 @ 7:50 am

  60. With a return like that on DBV I don’t know why anyone would chance GGI when all they have for sure is a little silver in Mexico that they don’t even mention anymore.

    Comment by Ivan — October 9, 2015 @ 7:53 am

  61. It’s the rainy season in Mexico, Ivan, in case you didn’t know, so expect GGI to tackle Rodadero aggressively very soon…you also fail to take into account how much time this company has had to invest in helping to sort out the Sheslay situation…that’s a huge victory for the district, it will help GGI and DBV, and GGI can use any success at the Grizzly to build on its excellent opportunities in Mexico…

    Comment by Jon - BMR — October 9, 2015 @ 7:58 am

  62. Ivan- the Sheslay should hold more than one deposit imo. Yes, out of the 2 DBV is more of a sure thing because of the drilling they have done and are on the verge of finding the sweet spot of the deposit.

    Like I said yesterday, playing both is the best method. I own 15.5 times more shares in DBV than GGI……but once GGI proves that it too is onto something I will add more GGI…..

    Comment by DDD4 — October 9, 2015 @ 7:58 am

  63. Come on EQT….close that PP….the pressure is about to blow the lid off……

    Comment by DDD4 — October 9, 2015 @ 8:07 am

  64. EQT – I am hearing PP closing Tuesday or Wednesday.

    Comment by dave — October 9, 2015 @ 8:07 am

  65. EQT- big volume and its the Friday before a long weekend in both Canada and the US!

    Rumours form the Garland camp? Speculation increasing…..

    Comment by DDD4 — October 9, 2015 @ 8:09 am

  66. Jon do you agree that we could get a $400m buyout with Dbv assuming these market conditions stay the same?

    Comment by Sameer — October 9, 2015 @ 8:10 am

  67. Sameer, we’ll explore some possibilities with the Hat in the coming days…it’s a powerful system that easily has the potential to expand out well beyond 1 billion tonnes, given the current alteration footprint and drill results to date IMHO…it’s probably a quarter of the way there now just with the Lisle Zone if you do some back-of-the-envelope calculations…of course no 43-101 has been carried out yet…however, if indeed the Lisle Zone is merely the southeastern edge of a much larger system, yes, that kind of a buyout is certainly within the realm of possibility…it will hinge on a number of factors including what else develops in the region…again, I can’t emphasize enough how important it is, from an economies of scale standpoint, for more deposits to be found in the district, along with a higher-grade starter area…those probabilities are very good IMHO…

    Comment by Jon - BMR — October 9, 2015 @ 8:22 am

  68. The $400M is a basically a WAG at this point and a lot more work is needed. Its based on my gut feeling and data to date. It takes into account opinions from porphyry geos that my mate works/has worked with….one of which has worked with Dr Razique and knows him well…..he said that Dr Razique wouldn’t have joined the team unless there was a high probability of a huge discovery and that if there is something there he will quickly find it…..look at his bio! I get the opinions of some very experienced/qualified geos about DBV some of which have worked and played a big part in the discovery of some of the biggest porphyries in the world…… one is Grasberg!

    There are a lot of variables at play that need to line up…..grades, tonnage, price of gold and copper, market conditions, etc, etc…..

    Its early to talk about possible buyout mkt price but things are definitely pointing to a big discovery in the making…..

    Comment by DDD4 — October 9, 2015 @ 8:27 am

  69. I know we are getting ahead of ourselves, but I am hoping market sentiment improves and we get bought out for much more than $400M…haha sorry i am greedy lol

    Comment by Sameer — October 9, 2015 @ 9:46 am

  70. Ivan, GGI also have gold in Mexico and this could be in production in the near future.

    Comment by Tom UK — October 9, 2015 @ 9:53 am

  71. Question for Jon, (don’t hit me DDD4)-

    Would GGI having that heat engine not be more likely of a probable buyout, or is it in the cards for both GGI and DBV.

    Comment by dave — October 9, 2015 @ 9:55 am

  72. Dave- when are you going to buy back your DBV? Before the masses and at a low price or at much higher prices? lol

    The proof will be in the drill results no matter where the heat engine is…..

    Comment by DDD4 — October 9, 2015 @ 10:01 am

  73. Dave- do your spidey senses indicate that the EQT PP will close today?

    Comment by DDD4 — October 9, 2015 @ 10:03 am

  74. Nice news, finally!! It is game on!! Think about this “We strongly believe in the potential of this entire corridor to produce fresh discoveries and generate renewed excitement for the junior exploration sector.” This is how confident they are, everything is well plan and prepare. How many meters per day DBV was delivering?

    Comment by Martin — October 9, 2015 @ 10:11 am

  75. Theorical heat engige as affected we whole district, Dave, There is a porphyry 101 video on DBV web site. It explain a lot!

    Comment by Martin — October 9, 2015 @ 10:19 am

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